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The Mutual Fund market is a segment of the financial services industry that provides investors with access to professionally managed portfolios of securities. Mutual funds are typically composed of stocks, bonds, and other securities, and are managed by a professional fund manager. Mutual funds are a popular investment option for individuals and institutions, as they provide diversification and access to a wide range of asset classes.
Mutual funds are typically sold through financial advisors, brokers, and other financial institutions. Investors can choose from a variety of funds, including index funds, actively managed funds, and exchange-traded funds (ETFs). Mutual funds are also subject to various regulations, such as the Investment Company Act of 1940, which requires funds to disclose their holdings and fees.
Some of the major companies in the Mutual Fund market include Vanguard, Fidelity, BlackRock, Charles Schwab, and T. Rowe Price. Show Less Read more